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Siemens Energy downgraded to Sell from Neutral at UBS
The Fly

Siemens Energy downgraded to Sell from Neutral at UBS

UBS downgraded Siemens Energy (SMNEY) to Sell from Neutral with a price target of EUR 38, up from EUR 23. The firm says current share levels look to be pricing in “flawless execution by the company with potential risks (especially in Siemens Gamesa) remaining.”

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